m_and_aconfidence high
Kingsway sells Trinity Warranty for $8M gross in management buy-out
KINGSWAY FINANCIAL SERVICES INC
- Gross proceeds of $8.0M: $5M cash at closing plus $3M seller notes (secured, ten-year maturity).
- Transaction closed May 8, 2026; buyer is Trinity Warranty Holding LLC, a management-led entity.
- Peter Dikeos, Trinity's President/CEO, will continue leading the business as primary owner.
- Kingsway CEO JT Fitzgerald said proceeds will be redeployed to investments aligned with core priorities.
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